Tuesday, 27 October 2020

Miami luxury condos lure new buyers with private chefs, beach butlers

Miamians didn’t take kindly to quarantining in condos. Since the spring, South Florida saw buyers scramble to buy spacious single-family homes. But now, condo developers are luring back buyers with amenities and services designed to impress even the most seasoned luxury consumer. “Creating wow experiences is now a must,” says…

Offshore oil workers flee as Zeta heads toward Gulf of Mexico rigs

Texas oil refineries are ‘built to withstand’ hurricanes: American Petroleum Institute CEO American Petroleum Institute President and CEO Mike Sommers argues the oil industry in Texas and other Hurricane Laura-hit states have avoided major damage because the industry prepares for natural disasters like this. Oil producers on Monday were evacuating…

Lordstown Motors shares pop in volatile Nasdaq trading debut

Shares of Lordstown Motors surged nearly 20% during the company's public debut Monday on the Nasdaq. The stock jumped as high as $21.75 before leveling off. Ohio-based Lordstown Motors is among a growing group of electric vehicle start-ups going public through deals with SPACs. Shares of Lordstown Motors surged nearly…

Libra Association Appoints Ex-HSBC Executive Ian Jenkins As CFO

The Libra Association, a consortium of major financial partners of Facebook’s Libra cryptocurrency project, has appointed former HSBC executive Ian Jenkins as its first chief financial officer and chief risk officer of Libra Network, which manages the licensed Libra cross-border payment system. Jenkins will manage the operations of the Libra…

Why HCA Healthcare Earnings Aren’t Moving Investors

HCA Healthcare Inc. (NYSE: HCA) reported third-quarter 2020 results before markets opened Monday. The hospital operator reported adjusted diluted quarterly earnings per share (EPS) of $1.95 on revenues of $13.3 billion. In the same period a year ago, the company reported EPS of $2.23 on revenues of $12.7 billion. Third-quarter…